I agree with him.
Crude prices are on all time lows (even fake) inflation adjusted.
Good take I heard is that Ukrainian drone successes has scared the shit out of US. They can even be built with off the shelve parts which makes proving (and nuking) who did it difficult.
Only weakness is their relative shot range..
US tries to prevent another Kuban missile crisis.
Bailouts is not the only think that keeps repeating based on that title page ..
You mean processed shit or also fruits/vegetables, dairy .. ?
Wait only 50% of Christians read Bible?
They were there to create good vibes.
Good vibes wins wars.
nostr:nprofile1qqs2dg3dtrdkwz0gr3t3wenahm3dmwkzy3y9whdtlyh5kvxxacgjnugpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9uv9aj7n
We all except that every year :D
I am messing with you.
I think there are 2 aspects:
- LN main use case is to send payments not gain privacy and it is difficult/costly to launder big amounts.
- average person (media) does not think about LN as privacy service (government still needs average voter to be on their side - or at least not be against - to really drop the hammer) (and we should not change that ! :D )
(~ 2 years ago I tryed to anonymize ~1BTC over LN without leaving any trace, it was quite an effort - and I am not really sure I was successful)
That LN is not used enough to be scary? :D
Tell me more. My hopium tank is nearly empty.
I am making 40k, already have a house, it is 1/5 of the house assumed in this chart .. (And still just 80% finished :D)
Break UP out of this channel .. :D
What is money downstream of?
Ou shit, they really plan to push for burning saroshis coins?
There is going to be a problem (to say it mildly :D )
Where is my Santa rally?
I have already spent a lot of time to reload this topic back to my brain so I can answer you because you have interesting bio, so hear me out :D.
This topic is bot extremely difficult for newcomers and not so difficult/boring for old timers. That's why most of serious people maybe say something once and then move on.
There are also several people who have built their influencer status on pushing this topic especially to "left curve" bitcoiners and newcomers.
This makes it super annoying to people trying to do something in Bitcoin hence the toxicity of some people on "core side".
The facts in no particular order:
1. We already have spam mitigation, it is block size and fee market. If monetary transactions can't out price spam in long term, Bitcoin is useless. Nothing more to discuss. (There are some real concerns here like rich US boys paying ridiculous fees for their rare monkey pushing global south to tether on tron, but rare monkeys are temporary and already dead)
2. There is no way to define and filter spam of people willing to pay for it in decentralized way. It is literally impossible based on information theory. There are mamy ways to put arbitrary data to Bitcoin blocks and there is no way to know if transaction contains some data. There are some mitigations that can be done but there are always ways around those mitigations.
3. I personally find knots talking points disingenuous and misleading. They started this war because of OP_RETURN policy change.
a) it was always possible to use big OP_RETURN because it is consensus valid since always.
b) nobody is even using OP_RETURN for spam because there is much more fee-efficient ways to put MUCH larger jpegs to Bitcoin - there is a block with just one 4MB jpeg of some stupid wizard! It is done by ordinals inscriptions which put data into witeness part of block thus paying 75% less fees.
c) the "change" was just different default value in config file. Any node runner could change it before and can change it now.
d) all they were saying was "we don't want Bitcoin to change" but now they proposed hard fork - I suspect it was the plan all along
4. Knots argument is that we have to fight spam and it has to be our highest priority. We have to sacrifice everything in order to fight spam.
5. Core .. You should just listen to "Bitcoin explained" podcast episode 98 - Return of OP_RETURN , but tldr: there are technical/efficiency reasons to remove OP_RETURN limit.
6. There are hundreds of hours of podcasts you can listen to regarding this and other much more important topics, but you should not listen to some pleb slop on yt but to good stuff like:
- What Bitcoin did (Easy listening)
- Bitcoin explained (quite technical)
- nostr:nprofile1qqs2dg3dtrdkwz0gr3t3wenahm3dmwkzy3y9whdtlyh5kvxxacgjnugpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0v4jx2m3wdehhxarj9ekxzmny9uv9aj7n (I don't know what's going on there, but recommended)
- rabbit hole recap (the OG podcast)
- nostr:nprofile1qqs8spcgqfgzxkcnerak0t40xs8jfsecgkeywrnam3lvp4qvqp5zv3gpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7s4n9p6 (also good one)
- The reorg (amazing economics)
...
7. Fun fact is that Luke - the guy behind Knots - is legendary OG Bitcoin core dev that everyone hates, but everyone acknowledges he is genious and he contributed a lot to Bitcoin .. He is the one who found the way to upgrade to segwit without hardfork (and won block size wars) which introduced witness discount and also enabled taproot upgrade which (together with witness discount) enabled ordinals and inscriptions which flooded Bitcoin with spam jpegs which he now is on crusade against ..
8. No we don't want hard fork. Hard fork is how altcoins are created ..
He is talking about a fact that string theory was not able to produce any observable prediction despite dominating physics for over 50 years ;)
I think he is cooking his meat too, even though God created it raw.
Wow, even I can't do it!!
There are no baptists in EU.
⚡️👀 WATCH - Not for the faint of heart.
Someone created an agentic AI workflow that tells them exactly what trending video to create each day.
It collects data on viral trends and automatically generates prompts to use.
Here's what they created today ⤵︎
https://blossom.primal.net/6c0d7b2a726ccf882e617eea269a7a4fcdbc468de61c33fabe7518cb8b833f42.mp4
Pleb slop automation pipeline.
I don't know if they have each other as peers. I do know that at least two pools have complained that ignoring the subsat tx filters caused them to lose money via an increased orphan rate. CKPool complained about this here: https://x.com/ckpooldev/status/1957235824451559746 and Mara Pool complained about it here: https://x.com/PortlandHODL/status/1958520763083825640
So if they *are* peering with one another it is apparently insufficient. The miners who *ignore* that peering (maybe Ocean?) and just broadcast blocks to the rest of the network benefitted by getting their blocks propagated faster, and winning more races. I want to see that play out again, but this time with inscriptions, and to that end I am excited to see the Knots count rise.
Wow, I get it! But the difference has to be miniscule.
The thing is, additional revenue from sub sat txs is 0.06% which is super low. So that's why.
Also the orpahend block chance increases only because some miners are accepting them and some not.
This does not really apply to OP_RETURN debate. Or? Is there sb else beside Ocean?
What is a chance currently, that there are 2 new competing blocks - one by core and one by knots mimer AND next block by knots miner building on the competing knots block?
Trump plans to open Bitcoin access to American pensions, unlocking a $9 trillion pool of capital. Just 1% = $90 billion.
Then when you look at global AUM which is around $115 trillion you start to see the scale of where this could go.
Larry Fink said that 2–5% allocations from sovereign and institutional funds could potentially push Bitcoin to $700K+.
Everything’s bleeding into Bitcoin, pensions, ETFs, corporates, even countries.
But in the UK?
We still can’t buy a spot Bitcoin ETF. And financial advisors still can’t recommend it. 🤨
https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170
But we can buy MSTR lol.
It works on Amethyst, which I did not realize until now lol.
He is wrong on almost everything.













